Summary of Key Points

• Privatisation Process: ENN Natural Gas Co., Ltd. is undergoing a privatisation by way of scheme of arrangement. This is a major corporate event that can significantly impact shareholder value and trading volumes.
• Disclosure of Dealings: The Hong Kong Executive has received a disclosure concerning dealings in ENN Natural Gas Co., Ltd.’s shares, as mandated by Rule 22 of the Hong Kong Code on Takeovers and Mergers.
• Key Dealings: On 30 April 2026, China International Capital Corporation Limited (CICC), an exempt principal trader connected with the Offeror, executed a purchase of ordinary shares in ENN Natural Gas Co., Ltd.
• Nature of Dealings: The purchase was part of the creation of new index-tracking ETFs. However, the relevant securities involved represent less than 1% of the class in issue and less than 20% of the value of the securities in the basket or index.
• Deal Details:
  • Total Shares Purchased: 9,900
  • Total Amount Paid: RMB 204,513.00
  • Highest Price Paid: RMB 20.68 per share
  • Lowest Price Paid: RMB 20.62 per share
• Dealings in A Shares: All transactions were made in A shares of ENN Natural Gas Co., Ltd. and were denominated in RMB.
• Principal Trader Status: CICC’s activity was conducted for its own account, not on behalf of clients or third parties.

Important Information for Shareholders

• Potential Price Sensitivity: The privatisation process is a significant event that can lead to a revaluation of the company’s shares. Investors should be alert to further announcements and disclosures.
• ETF Creation Impact: While the disclosed purchase by CICC is relatively small in terms of overall share capital (less than 1%), the activity may signal institutional interest and potentially increased liquidity in the shares as the privatisation process unfolds.
• Market Movements: Although the transaction is not large enough to move the share price directly, it is important for investors to monitor further disclosures and developments related to the privatisation scheme, as larger transactions or strategic purchases may follow.
• Share Price Range: The disclosed purchase price range (RMB 20.62 to RMB 20.68) can serve as a reference point for current market activity and investor sentiment.

Investor Takeaways

The disclosed dealings, while not substantial in volume, are tied to the ongoing privatisation scheme. This corporate restructuring is a key event for ENN Natural Gas Co., Ltd. and could result in significant changes to shareholder ownership, liquidity, and future share price performance. Investors should remain vigilant and review all subsequent disclosures and announcements related to the privatisation.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult their financial advisor before making any investment decisions. The information is based on official disclosures as of 4 May 2026 and may be subject to change.

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